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National Telephone Company of Chad Now Connected to ITXC; SotelTchad Adds Global Network Expansion With Little Capital Expense.


Business Editors/Hi-Tech Writers

PRINCETON, N.J. and N'DJAMENA, Republic of Chad--(BUSINESS WIRE)-- Aug. 13, 2001

-Societe des Telecommunications Internationales du Tchad (SotelTchad), the national telephone operator in the African Republic of Chad Noun 1. Republic of Chad - a landlocked desert republic in north-central Africa; was under French control until 1960
Tchad, Chad

capital of Chad, Fort-Lamy, N'Djamena, Ndjamena - the capital and largest city of Chad; located in the southwestern on the Shari
, is using ITXC (Internet Telephony Exchange Carrier Corporation, Princeton, NJ, www.itxc.com) The largest IP exchange carrier in the world. ITXC was acquired by wholesale telco provider Teleglobe Bermuda Ltd. in 2004 and then by Videsh Sanchar Nigam Ltd.  Corp's (NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
: ITXC) global network to originate and terminate international long distance telephone traffic in Chad.

By co-locating ITXC's IP telephony The two-way transmission of voice over a packet-switched IP network, which is part of the TCP/IP protocol suite. The terms "IP telephony" and "voice over IP" (VoIP) are synonymous.  equipment at its switch facilities, SotelTchad connects directly to ITXC.net(SM). This enables SotelTchad to immediately increase traffic in and out of the country with almost no additional capital investment. SotelTchad receives additional income for completing calls sent by ITXC's carrier customers around the world to Chad and saves by purchasing less expensive international routes from ITXC. ITXC has a team of buyers who negotiate termination to get the most competitive rates to locations worldwide and pass this expertise on to carrier customers like SotelTchad. ITXC also isolates national carriers, like SotelTchad, from having to bill and collect from competitive carriers they do not already have relationships with.

"Connecting to ITXC.net enables us to gain traffic that comes from competitive carriers around the world that we were not previously receiving," stated General Director of SotelTchad, Ali Mahamat Zene. "That additional traffic will provide us with much-needed revenue we can use to increase teledensity here at home."

Calls traveling to and from Chad over the Internet are placed and received on ordinary telephones and fax machines in the usual way. Neither the caller nor the called party needs to have or use a computer; and, since ITXC has developed sophisticated tools used to route traffic over the Internet, it provides quality that is as good or better than the legacy phone network. Callers are unaware that their calls are being routed over the Internet.

ITXC gives SotelTchad almost immediate entry into the new competitive call termination Call Termination, also known as voice termination, refers to the handing off or routing of calls from one telephone company, also known as a carrier or provider, to another telephone company.

The terminating point is end point.
 market and better margins on calls out of Chad because the Internet is the most cost-effective way to transport any form of data, including voice, anywhere in the world. ITXC has developed and patented the technology required to deliver carrier quality while benefiting from Internet economics.

"The Republic of Chad needs to extend its communications infrastructure quickly to participate in today's global economy," said Tom Evslin, ITXC Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "SotelTchad recognizes that the Internet provides the perfect solution for extending the reach of its voice network. We are very pleased to have SotelTchad join the growing number of African carriers connected to ITXC.net."

Over the last four years, ITXC has built the world's largest network for routing calls over the Internet. Originally, most of these calls were placed from the US and Western Europe Western Europe

The countries of western Europe, especially those that are allied with the United States and Canada in the North Atlantic Treaty Organization (established 1949 and usually known as NATO).
 to people in developing nations. As telecom markets around the world begin to open to new technology and to competition, more and more calls are being placed in countries that had previously only received calls from ITXC. Two-way global traffic over ITXC.net increases volume on ITXC's network, increases ITXC's margins, increases revenues for terminating carriers, and provides more competitive rates to ITXC carrier customers. Today ITXC.net transports calls to more than 125 countries. ITXC has a growing presence in Africa and has already announced that it is interconnected with Zimbabwe PTC (PTC, Needham, MA, www.ptc.com) Long a world leader in mechanical computer-aided design, manufacturing and engineering software, PTC, through acquisitions and reorganization, has transformed itself into a leading provider of Internet-based B2B solutions for discrete manufacturers.  and most recently Telkom South Africa South Africa, Afrikaans Suid-Afrika, officially Republic of South Africa, republic (2005 est. pop. 44,344,000), 471,442 sq mi (1,221,037 sq km), S Africa. .

About SotelTchad

Societe des Telecommunications Internationales du Tchad (SotelTchad), is the national telephone operator in the African Republic of Chad.

About ITXC:

ITXC Corp (NASDAQ:ITXC) established and operates ITXC.net(SM), the largest global network for voice over the Internet with 585 points of presence in more than 336 cities and 126 countries, as of July 31, 2001. The company is the leading provider of worldwide Internet voice services with more than 2 billion minutes of use since the inception of ITXC.net in 1998. ITXC's patented BestValue Routing(TM) technology provides such high voice quality over the Internet that tier one carriers use ITXC for worldwide phone-to-phone traffic without indicating that the calls are actually going over the Internet. Customers include major traditional carriers and RBOCs who achieve lower costs for phone-to-phone calls while maintaining carrier quality, Web merchants who increase sales with ITXC Push to Talk(SM) buttons on Web sites and e-mail, as well as Internet-based Web-to-phone providers and voice portals. For more information, visit www.itxc.com.

Forward looking statements: ITXC has included in this press release certain "forward-looking statements forward-looking statement

A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections.
" within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  of 1995. "Forward-looking statements" consist of all non-historical information and include the analysis of historical data in this release. Actual results could differ materially from those projected in the Company's forward-looking statements due to numerous known and unknown risks and uncertainties including, among other things, unanticipated technological difficulties, the volatile and competitive environment for Internet telephony Another term for IP telephony and VoIP. In the late 1990s, some people made a distinction between Internet Telephony and VoIP: Internet telephony referred to voice over the public Internet, while VoIP referred to voice over private IP networks. , changes in domestic and foreign economic, market, and regulatory conditions, the creditworthiness Creditworthiness

The condition in which the risk of default on a debt obligation by that entity is deemed low.


Creditworthiness

Eligibility of an individual or firm to borrow money.
 of our customers and other considerations described as "Risk Factors" in Exhibit 99 to the Company's Annual Report on Form 10-K Form 10-K

A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information.


Form 10-K

See 10-K.
 for the year ended December 31, 2000 and in other filings by the Company with the SEC.

ITXC is a registered trademark of ITXC Corp. ITXC.net, Push to Talk, and BestValue Routing are service marks and trademarks of ITXC Corp. All other trademarks mentioned in this document are the property of their respective owners.
COPYRIGHT 2001 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Aug 13, 2001
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